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Sequencing the Liberalization of Financial Markets: Open up domestic banking then free capital flows »
Series: Finance & Development
Author(s): International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 1988
Keywords: markets, financial markets, finance, monetary fund, domestic financial markets
This paper examines the policy implications of structural changes in financial markets. Domestic financial markets have become less segmented, and the major financial centers more integrated. At the same time, the...